RWMGX vs. SCHD
Compare and contrast key facts about American Funds Washington Mutual Investors Fund Class R-6 (RWMGX) and Schwab US Dividend Equity ETF (SCHD).
RWMGX is managed by American Funds. SCHD is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Dividend 100 Index. It was launched on Oct 20, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RWMGX or SCHD.
Key characteristics
| RWMGX | SCHD | |
|---|---|---|
| YTD Return | 21.30% | 17.07% |
| 1Y Return | 31.48% | 29.98% |
| 3Y Return (Ann) | 10.55% | 6.85% |
| 5Y Return (Ann) | 12.97% | 12.79% |
| 10Y Return (Ann) | 11.73% | 11.62% |
| Sharpe Ratio | 2.99 | 2.64 |
| Sortino Ratio | 4.10 | 3.81 |
| Omega Ratio | 1.56 | 1.47 |
| Calmar Ratio | 5.55 | 2.92 |
| Martin Ratio | 20.44 | 14.57 |
| Ulcer Index | 1.53% | 2.04% |
| Daily Std Dev | 10.50% | 11.26% |
| Max Drawdown | -34.64% | -33.37% |
| Current Drawdown | -0.73% | -0.86% |
Correlation
The correlation between RWMGX and SCHD is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
RWMGX vs. SCHD - Performance Comparison
In the year-to-date period, RWMGX achieves a 21.30% return, which is significantly higher than SCHD's 17.07% return. Both investments have delivered pretty close results over the past 10 years, with RWMGX having a 11.73% annualized return and SCHD not far behind at 11.62%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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RWMGX vs. SCHD - Expense Ratio Comparison
RWMGX has a 0.27% expense ratio, which is higher than SCHD's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
RWMGX vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Washington Mutual Investors Fund Class R-6 (RWMGX) and Schwab US Dividend Equity ETF (SCHD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
RWMGX vs. SCHD - Dividend Comparison
RWMGX's dividend yield for the trailing twelve months is around 1.74%, less than SCHD's 3.38% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RWMGX American Funds Washington Mutual Investors Fund Class R-6 | 1.74% | 1.96% | 2.27% | 1.69% | 2.02% | 2.11% | 2.40% | 2.14% | 2.21% | 2.41% | 8.09% | 5.30% |
SCHD Schwab US Dividend Equity ETF | 3.38% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
RWMGX vs. SCHD - Drawdown Comparison
The maximum RWMGX drawdown since its inception was -34.64%, roughly equal to the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for RWMGX and SCHD. For additional features, visit the drawdowns tool.
Volatility
RWMGX vs. SCHD - Volatility Comparison
American Funds Washington Mutual Investors Fund Class R-6 (RWMGX) and Schwab US Dividend Equity ETF (SCHD) have volatilities of 3.35% and 3.51%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.